In the article "One in five condo owners sitting on paper losses" by SRX CEO, Sam Baker, we highlight the percentage of homes that will suffer paper losses should they sell their homes in August 2016.
Over 250,000 Non-Landed Private Units were used in this study, making up around 80% of total number of NLP units in Singapore. These homes were grouped according to the districts they belong to and calculated for its respective current X-value (as of 17 August 2016).
The X-value is then used to subtract the latest purchase price of the homes to determine the paper-loss or paper-gain. The number of homes with paper loss is divided over the total number of homes in the district to give the percentage of homes in the red.
Track the price of your property (and your neighbours!) and find out if your home is in the red by signing up for SRX Property Tracker here.
To know X-value's methodology, click here
Track the price of your property (and your neighbours!) and find out if your home is in the red by signing up for SRX Property Tracker here.
To know X-value's methodology, click here